Friday, November 29, 2019

Barron's: How Iran's Antics Could Boost Oil

By SIMON CONSTABLE

Growing populist unrest in Iran, a weakening U.S. dollar, and possible production cuts could prompt a rally in oil prices in the next few months.

Investors wanting to profit from the likely surge should consider buying February-dated oil futures contracts on the Chicago Mercantile ExchangeAlternatively, try the United States Brent Oil exchange-traded fund (ticker: BNO), which tracks the price of oil futures and is up more than 27% this year. Read more here.

Photo by Peter Olexa on Unsplash

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